Brokerages Set T-Mobile US, Inc. (NASDAQ:TMUS) PT at $185.93

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have received an average recommendation of “Buy” from the fourteen analysts that are covering the stock, MarketBeat reports. Thirteen equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $185.93.

Several research firms recently weighed in on TMUS. Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of T-Mobile US in a report on Wednesday, April 3rd. Citigroup upped their price objective on shares of T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a report on Monday, March 25th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $184.00 price objective on shares of T-Mobile US in a report on Wednesday, March 20th. Raymond James upped their price objective on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a report on Friday, January 26th. Finally, KeyCorp cut their price target on shares of T-Mobile US from $183.00 to $175.00 and set an “overweight” rating for the company in a report on Friday, January 26th.

T-Mobile US Stock Up 0.6 %

T-Mobile US stock opened at $164.18 on Friday. The company has a 50-day simple moving average of $162.39 and a 200-day simple moving average of $156.76. The firm has a market capitalization of $194.86 billion, a P/E ratio of 23.69, a P/E/G ratio of 0.66 and a beta of 0.49. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US has a one year low of $124.92 and a one year high of $168.64.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.23). The company had revenue of $20.48 billion during the quarter, compared to analyst estimates of $19.67 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.18 EPS. As a group, equities analysts expect that T-Mobile US will post 8.95 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be issued a dividend of $0.65 per share. The ex-dividend date is Friday, May 31st. This represents a $2.60 annualized dividend and a yield of 1.58%. T-Mobile US’s payout ratio is presently 37.52%.

Insiders Place Their Bets

In other T-Mobile US news, Director Telekom Ag Deutsche sold 194,910 shares of the business’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $161.85, for a total transaction of $31,546,183.50. Following the sale, the director now owns 689,930,831 shares in the company, valued at approximately $111,665,304,997.35. The transaction was disclosed in a filing with the SEC, which is available through this link. In other T-Mobile US news, Director Teresa Taylor sold 12,022 shares of the stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $161.80, for a total value of $1,945,159.60. Following the completion of the sale, the director now owns 13,014 shares in the company, valued at approximately $2,105,665.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction on Monday, January 29th. The shares were sold at an average price of $161.85, for a total transaction of $31,546,183.50. Following the sale, the director now directly owns 689,930,831 shares of the company’s stock, valued at approximately $111,665,304,997.35. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,995,889 shares of company stock worth $972,451,611. Company insiders own 0.70% of the company’s stock.

Institutional Investors Weigh In On T-Mobile US

Institutional investors have recently modified their holdings of the stock. BluePath Capital Management LLC acquired a new stake in shares of T-Mobile US during the 3rd quarter valued at $26,000. Private Wealth Management Group LLC acquired a new stake in shares of T-Mobile US during the 4th quarter valued at $27,000. Valley National Advisers Inc. boosted its stake in shares of T-Mobile US by 232.1% during the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 123 shares during the period. Westside Investment Management Inc. boosted its stake in shares of T-Mobile US by 75.8% during the 1st quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 75 shares during the period. Finally, Baker Avenue Asset Management LP boosted its stake in shares of T-Mobile US by 63.3% during the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock valued at $29,000 after buying an additional 81 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Company Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.